BSS-11 Coming ADP to prioritise transport sector

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BSS-11

NEC-ADP-FY20

Coming ADP to prioritise transport sector

DHAKA, May 21, 2019 (BSS) – The National Economic Council (NEC) in a
meeting with Prime Minister Sheikh Hasina in the chair today approved a Taka
2,02,721 crore Annual Development Programme (ADP) outlay for the next fiscal
giving highest priority to the transport sector.

The Transport sector received the highest allocation in the new ADP
considering the Padma Bridge Project and the Padma Bridge Rail Link project.

Besides, the Local Government Division enjoyed the highest allocation as a
single Ministry with Taka 29,777 crore.

“In terms of sector-wise allocation, the transport sector received the
highest ADP allocation of Taka 52,806 crore or 26.05 percent of the original
ADP,” Planning Minister MA Mannan told a media briefing emerging from the
meeting at the NEC conference room at Sher-e-Bangla Nagar area here.

He added that the sector was followed by power sector with Taka 26,017
crore or 12.83 percent of original ADP while Taka 24,324 crore or 12 percent
of the original ADP was proposed for physical planning, water supply and
housing sector.

Mannan said out of the original ADP size, Taka 1,30,921 crore will come
from the government’s own resources while the remaining Taka 71,800 crore
from project assistance.

However, incorporating the autonomous bodies and corporation’s own fund of
Taka 12,392.73 crore, the overall ADP size reached Taka 2,15,113.73 crore.

The new ADP for FY20 has some 1,475 projects including 1,358 investment
projects, 116 technical assistance projects and one project from the Japan
Debt Cancellation Fund (JFCF).

Besides, there are some 89 projects which would be implemented by the
autonomous bodies and corporations.

Earlier on May 8, the draft ADP size was finalised at an extended meeting
of the Planning Commission with Planning Minister MA Mannan in the chair.

MORE/ASG/GM/RY/1525 hrs